Benevolent Hand

“Australian house prices will fall 40%” said Steven Keen. So confident in his prediction – was the economist from Western Sydney –he agreed to a bet. The opponent? An interest rate strategist from Macquarie, named Rory Robertson. The stakes? An unaided walk from Parliament House to the summit of Mt Kosciusko. It was September 2008. Lehman Brothers had just failed and the world was at panic stations. Australian house prices would dip 5.5 percent, but then begin their decade-long march…

Whig Capital is a private investment company located in Geelong, Victoria. We aim to generate above average risk-adjusted returns on capital by applying a value investing method to business evaluation and a classical liberal framework to issues of political economy.